Welcome to Kerala's realestate properties

Are there Any Tax Benefits For Non-Resident Indians buying properties? Yes, there are tax benefits for non-resident Indians (NRIs) who are interested in buying property in India. NRIs are eligible for tax benefits under certain conditions on their income earned in India, including income from property rentals. NRIs are also eligible for tax exemptions on the sale of a property in India under certain circumstances. However, it is important to note that tax laws can change over time and may vary depending on the specific circumstances of an individual's situation. It is always a good idea for NRIs to seek the advice of a financial advisor or tax professional before making any decisions about purchasing property in India.

What is a mortgage and how does it work? A mortgage is a loan that is used to purchase a real estate property. It is a legal agreement in which a lender agrees to loan money to a borrower to buy a property, and the borrower agrees to repay the loan, with interest, over a period of time. Here's how a mortgage works: The borrower applies for a mortgage loan from a lender, such as a bank, credit union, or mortgage company. The borrower will need to provide financial information, including income, credit history, and the amount of money they have available for a down payment. The lender evaluates the borrower's financial information and decides whether or not to approve the loan. If the loan is approved, the lender will offer the borrower a mortgage loan with specific terms, such as the interest rate, the length of the loan, and the amount of the monthly payments. The borrower agrees to the terms of the mortgage loan and signs a mortgage agreement. The agreement specifies the terms

How much credit score do I need to buy a home in India? In India, a credit score of 750 or above is generally considered to be a good credit score. However, the actual credit score required to buy a home in India may vary depending on the lender and the type of mortgage you are seeking. Some lenders may have higher credit score requirements, while others may be more lenient. It is always a good idea to check with multiple lenders to see what their credit score requirements are and to shop around for the best mortgage rates and terms. It is also important to note that a good credit score is just one factor that lenders consider when evaluating a mortgage application. They may also consider other factors such as your income, employment history, and debt-to-income ratio. It is generally a good idea to improve your credit score as much as possible before applying for a mortgage, as this can help you secure a better interest rate and more favorable loan terms. Checkout your CIBIL score now